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Touchstone Partners says it advised Baring on its Business Nextgen Finance investment
Touchstone Partners said it advised Baring Private Equity India Fund 6 on its investment in Business Nextgen Finance Private Limited. The firm said Business Nextgen Finance raised INR215 crores in the funding round and described the company as a provider of secured credit to micro, small and medium enterprises.
Key points
- Touchstone Partners named Beams Fintech Fund and Saison Capital among the other investors.Touchstone Partners
- The firm said UNLEASH also participated in the funding round.Touchstone Partners
- Touchstone Partners identified Pankaj Poddar as the company’s founder.Touchstone Partners
- The firm named Pranay Bagdi, Rajvee Bavishi and Divya Shrivastava as its transaction team.Touchstone Partners